Qatar, Trump and Boeing
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Boeing and GE Aerospace received a $96 billion order from Qatar Airways as President Trump looks to boost investments in defense and aircraft in the Middle East after reaching artificial intelligence and tech agreements on Tuesday.
The White House announced that President Donald Trump secured economic exchanges with Qatar worth $1.2 trillion, a figure which includes a historic order for Boeing airliners.
A massive aircraft order announced during President Trump's Middle East trip could have significant implications for a manufacturing in North Carolina.
Aboard Air Force One, Trump lamented to Fox News host Sean Hannity of the U.S. government plane's comparative old age of 40 years and lackluster appearance next to Qatar's, Saudi Arabia's and the United Arab Emirates' "brand new Boeing 747s."
Boeing secured major orders in the Middle East during a visit to the region by President Trump, and China lifted a ban on its airlines taking deliveries of Boeing planes.
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Qatar Airways committed to acquiring as many as 210 widebody jets in a deal projected to be worth $96 billion, supporting over 150,000 jobs.
Qatar Airways places record-breaking order for 210 Boeing jets, boosting U.S. jobs and expanding its global fleet of fuel-efficient widebody aircraft.